Mover Group reaches restructuring deal with creditors
Mover SA, Intercement Participações SA, Sucea Participações SA, and Sincro Participações SA (collectively the “Mover Group”), all under judicial reorganisation, have announced a...
Intercement
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Huaxin - turning tired African plants into industry leaders
Huaxin Cement is making an impact in Africa. The Chinese cement producer is revitalising and modernising its overseas portfolio. In recent weeks, it has transformed the former I...
InterCement files for judicial reorganisation to safeguard operations
InterCement Participações SA (“InterCement”) has filed for judicial reorganisation in the Bankruptcy and Judicial Reorganisation Courts of São Paulo, along with its parent compa...
CSN looks to buy InterCement's Loma Negra
InterCement Participações , the indirect controlling shareholder of the cement producer Loma Negra in Argentina, agreed to a new exclusivity period in favour of Companhia Siderú...
Negotiations for Loma Negra sale continue despite expiration exclusivity
The potential sale of Loma Negra to CSN has entered a new phase after the exclusivity term to negotiate a deal expired on 12 August after an automatic renewal but has not been r...
InterCement reaches debenture holder agreement
InterCement Participaçoes SA has reached an agreement with its debentures holders to defer payments due under the series of Brazilian law-governed debentures issued by the compa...
InterCement signs exclusivity agreement with CSN
Following its market announcement of 23 February 2024, InterCement Participações SA announced that in the context of the competitive process, organised by Banco BTG Pactual, it ...
A more concise InterCement Participaçoes
The last year has seen InterCement Participacoes (Mover) work hard to divest parts of its cement business to lower its debt. It is now being courted by several leading cement pr...
InterCement completes sale of Africa businesses
InterCement Participações SA has announced that the divestment of its businesses in South Africa and Mozambique – collectively known as the ‘Africa Business’ – to Huaxin Cement ...
InterCement sells African businesses to Huaxin Cement
InterCement Participações S.A . has reached an agreement with Huaxin Cement Co Ltd regarding the sale of InterCement’s businesses in Mozambique and South Africa. Following the a...